CVS Caremark owes the State of West Virginia $1.4 million in civil penalties after the state’s insurance commissioner found it violated state code. The $1.4 million fine is based on 2,871 violations, ...

Caremark will provide outpatient prescription drug benefits to nearly 587,000 members enrolled in Basic or Medicare HMO and ...

Cigna, UnitedHealth and CVS Caremark are calling Federal Trade Commission (FTC) Chair Lina Khan and two other commissioners to either recuse themselves, or be removed from the agency’s lawsuit ...

In the second quarter of 2024, CVS' health services segment, which includes its PBM unit, generated roughly 46% of its total revenue. Cigna's PBM contributed nearly 82% of its total Q2 revenue.

In September, the FTC sued CVS’ Caremark, Cigna’s Express Scripts and UnitedHealth’s Optum Rx, alleging that their negotiating practices with drugmakers resulted in artificially higher ...

The big health insurers Moody's rates now face shrinking profit margins at the Medicaid plans they manage for state ...

In a new analysis, the American Medical Association detailed the lack of competition among pharmacy benefit managers and ...

A federal judge has temporarily blocked a first-in-the-nation law that would prohibit companies that own PBMs from also ...

Cigna, UnitedHealth and CVS Caremark are calling Federal Trade Commission (FTC) Chair Lina Khan and two other commissioners to either recuse themselves, or be removed from the agency’s lawsuit against ...